China Mo­bile look­ing to go in­ter­na­tional

China Daily (Canada) - - NEWSCAPSULE -

China Mo­bile Ltd, the world’s big­gest car­rier, is seek­ing op­por­tu­ni­ties to take its fourth-gen­er­a­tion telecommunication tech­nol­ogy abroad to boost the com­pany’s profit.

“The com­pany has been lag­ging be­hind in de­vel­op­ing over­seas mar­kets. We are look­ing to ex­pand our 4G busi­ness out­side China by means of in­vest­ment and ac­qui­si­tions,” China Mo­bile Chair­man Xi Guo­hua told China Daily. He de­clined to iden­tify any po­ten­tial merger tar­gets.

Last De­cem­ber, Bei­jing-based China Mo­bile be­came the first car­rier to launch 4G Time Di­vi­sion-Long Term Evo­lu­tion ser­vice in the coun­try. China Mo­bile has about 200,000 4G TD-LTE base sta­tions in China’s larger cities and eco­nom­i­cally de­vel­oped re­gions in coastal prov­inces. The to­tal num­ber is on track to hit 500,000 by the end of this year.

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